Revenue segments as reported by the company.

Integrated Mission Systems

Space & Airborne Systems

Communication Systems

Aerojet Rocketdyne

Aviation Systems

Corporate eliminations

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

L3Harris

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

L3Harris (LHX) exceeds Q4 expectations, focuses on growth and stability

L3Harris (LHX) delivered strong Q4 results, with a focus on growth and margin stability in 2023. Strategic M&A activities and investments in key growth areas position the company for future success. Challenges around supply chain, inflation, and margin outlook require proactive management.

L3Harris reports strong Q1 earnings, eyes higher revenue opportunities

L3Harris had a robust Q1, with strong financial performance and a positive outlook for the year. The company is strategically positioned to capitalize on international bookings and working capital improvements. Challenges lie in managing debt levels post the Aerojet acquisition while focusing on profitability and operational enhancements.

L3Harris reports robust Q2 earnings, eyes Aerojet synergy for growth

L3Harris' strong financial performance in Q2 2023, coupled with the Aerojet acquisition, positions the company for growth and innovation in the defense industry. Operational improvements, increased guidance, and a focus on space sector success highlight L3Harris' strategic direction.

L3Harris excels in Q3, eyes growth and efficiency gains

L3Harris demonstrated strong financial performance, strategic alignment, and commitment to shareholder value.
Challenges lie in maintaining margins, reducing debt, and optimizing operations amidst industry dynamics.
Opportunities for growth, efficiency gains, and strategic investments position L3Harris for future success.
Investor Day offers a platform to communicate growth strategies and engage with investors and stakeholders.

L3Harris reports record orders and margin focus for 2023

L3Harris achieved strong financial performance in 2023, with record orders and a focus on margin expansion and free cash flow growth.
The company's strengths lie in strong international orders, successful product lines like tactical radios, and improved supply chain management.
Challenges include sub-tier supplier issues, supply chain obstacles, and potential structural issues in defense industry pricing.
Opportunities exist in debt reduction, shareholder returns, international growth, and operational efficiencies for margin expansion and free cash flow growth.

L3Harris posts robust Q1 earnings, eyes international growth opportunities

L3Harris reported strong Q1 2024 earnings, raised guidance, and is focused on financial optimization and international growth. The company faces challenges in reducing leverage and optimizing bidding strategies. However, opportunities in international markets and revenue growth strategies present promising avenues for future success.

L3Harris excels in Q2 2024, eyes European defense market

L3Harris delivered robust financial results, emphasized operational efficiency gains, and reaffirmed guidance for revenue, margin rate, and EPS. The company's focus on optimizing workforce and infrastructure, coupled with strategic divestitures, positions it well for future growth and shareholder value creation.

L3Harris reports strong Q3 performance, eyes growth and efficiency

L3Harris had a strong quarter with record order volume, robust margins, and increased revenue across all segments.
The company's strategic partnerships, cost-saving initiatives, and focus on growth and profitability position them well for future success.
Challenges include flat revenue in the SAS segment and ongoing portfolio shaping efforts, while opportunities lie in anticipated growth and program advancements.
Overall, L3Harris is confident in maintaining and growing market share, delivering advanced solutions, and driving profitability.

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L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Space and Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The Space and Airborne Systems segment provides full mission solutions as a prime and subsystem integrator in the space, airborne and cyber domains. The Integrated Mission Systems segment focuses on the differentiated mission capabilities and prime systems integration for the air, land and sea domains. The Communication Systems segment enables warfighters across all domains with solutions critical to mission success even in the most contested environments. The Aerojet Rocketdyne segment includes propulsion, power and armament products and systems to U.S. government, including the DoD, National Aeronautics and Space Administration (“NASA”) and major aerospace and defense prime contractors. The company was founded in 1890 and is headquartered in Melbourne, FL.

L3Harris Technologies Inc. (NYSE: LHX) has reported its Q4 and fiscal 2021 results and issued fiscal 2022 financial guidance. In the fourth quarter, the company reported revenue of $4.4 billion, a 7% drop compared to Q4 2020 and down 1% on an organic basis.

L3Harris Technologies delivers mixed Q4 2021 results

L3Harris Technologies Inc LHX reported a fourth-quarter FY21 revenue decline of 7% year-over-year to $4.35 billion and decreased 1% on an organic basis. The revenue decline was attributable to divestitures within Aviation Systems and supply chain-related constraints within Communication Systems.

L3Harris Technologies Stock Slips After Q4 Results, Provides FY22 Outlook

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L3Harris (LHX) delivered earnings and revenue surprises of 1.54% and 2.62%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

L3Harris (LHX) Surpasses Q4 Earnings Estimates

Shares of L3Harris Technologies Inc. LHX, +1.11% dropped 1.2% in premarket trading Monday, after the aerospace and defense company reported fourth-quarter profit that topped expectations but revenue that missed, as supply chain headwinds and budget uncertainty weighed, and provided a downbeat full-year revenue outlook. Net income rose to $484 million, or $2.46 a share, from $184 million, or 92 cents a share, in the year-ago period.

L3Harris stock falls after profit tops expectations but revenue, full-year outlook misses

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies, Inc. (NYSE: LHX) reported fourth quarter and 2021 results, and initiated its 2022 financial guidance. “The L3Harris team delivered solid EPS growth, consistent with expectations, despite supply chain headwinds and budget uncertainty,” said Christopher E. Kubasik, Vice Chair and Chief Executive Officer. "In 2022, we look forward to taking the next step as the industry's trusted disruptor to deliver innovative and affordable solutions, and

L3Harris Technologies Reports Fourth Quarter and 2021 Results; Initiates 2022 Guidance

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L3Harris Technologies Inc (NYSE: LHX) has secured a competitive 10-year, $750 million single-award IDIQ contract from the U.S. Marine Corps for multi-channel handheld and vehicular radio systems. The L3Harris Falcon IV family of manpack and handheld radios selected by the USMC have been broadly adopted by the U.S. Army, U.S. Special Operations Command, U.S. Air Force, and a growing number of key allies to provide secure, resilient, and interoperable communications capabilities.

L3Harris Secures $750M IDIQ Contract From US Marine Corps

ROCHESTER, N.Y.--(BUSINESS WIRE)--The U.S. Marine Corps has awarded L3Harris Technologies (NYSE:LHX) a competitive 10-year, $750 million single-award IDIQ contract for multi-channel handheld and vehicular radio systems. The L3Harris Falcon IV® family of manpack and handheld radios selected by the USMC have been broadly adopted by the U.S. Army, U.S. Special Operations Command, U.S. Air Force and a growing number of key allies to provide secure, resilient and interoperable communications capabil

US Marine Corps Awards L3Harris $750 Million IDIQ Contract for Multi-Channel Radios

L3Harris Technologies' (LHX) fourth-quarter results are likely to have been impacted by factors like business divestiture and supply-chain challenges, such as shortages of electronics and other components.

Will Segmental Performance Hurt L3Harris (LHX) Q4 Earnings?

L3Harris Technologies Inc (NYSE: LHX) has named Michelle Turner as Senior Vice President and Chief Financial Officer, effective immediately. Turner succeeds Jay Malave, who has chosen to pursue career opportunities outside of L3Harris.

L3Harris Appoints Michelle Turner As Finance Chief

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has named Michelle Turner as Senior Vice President and Chief Financial Officer (CFO), reporting to Vice Chair and Chief Executive Officer Christopher E. Kubasik, effective immediately. Turner succeeds Jay Malave, who has chosen to pursue career opportunities outside of L3Harris. Turner, 48, is an experienced financial executive with a proven track-record in delivering profitable growth, including significant experience within th

L3Harris Names Michelle Turner Senior Vice President and Chief Financial Officer

L3Harris Technologies (LHX) is going to offer services required to complete program depot maintenance (PDM) for C-130H aircraft.

L3Harris Technologies (LHX) Wins Deal to Aid C-130H Program

L3Harris is not your typical defense contractor; its high-tech portfolio is positioned to capitalize on the evolving battlefield landscape.

L3Harris Is Equipping The Battlefield Of The Future

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will host a conference call on Monday, January 31, 2022, at 8:30 a.m. Eastern Time (ET) to discuss its fourth quarter 2021 financial results. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) 201-389-0877, and participants will be directed to an operator. Please allow at least 10 minutes before the scheduled start time to connect to the teleconference. Participants are encouraged to listen vi

L3Harris to Announce Fourth Quarter Results on Monday, January 31, 2022

General Dynamics

Wells Fargo analyst Matthew Akers raised price targets for certain Aerospace & Defense companies.  The analyst upgraded Northrop Grumman Corp (NYSE:NOC) to Equal Weight from Underweight and raised the price target to $399, from $335.

Wells Fargo Bumps Up Price Targets For Some Aerospace & Defense Companies

L3Harris Technologies Inc (NYSE: LHX) disclosed new alignment and organization of core businesses, moving from four to three focused segments, effective with its FY22, which began January 1, 2022. The company's three focused segments will be Integrated Mission Systems, Space and Airborne Systems, and Communication Systems.

L3Harris Eliminates Aviation Systems As Reporting Business Segment

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L3Harris Technologies Inc. LHX, +0.14% announced Monday an realignment in which it reduced the number of its business segments to three from four. The company said the move follows a portfolio shaping process that began in 2019, and emphasized on "high-growth, technology-differentiated businesses.

L3Harris streamlines businesses to 3 segments from 4

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) today announced a new alignment and organization of core businesses, moving from four to three focused segments: Integrated Mission Systems, Space and Airborne Systems and Communication Systems. In 2019, L3Harris began a portfolio shaping process with an emphasis on high-growth, technology-differentiated businesses. The positive results of that work enabled the new, streamlined structure. “Our customers and partners know L3Harri

L3Harris Announces Streamlining of Business Segments

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The stock market has made it very hard for income-oriented investors as dividend yields have fallen off a cliff. L3Harris is 15% below its 2021 highs, offers a 2.0% yield, and has a bullet-proof business model.

L3Harris: Inflation-Proof Dividend Growth

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has delivered its fourth imager to NASA, completing the series of advanced weather sensors for NOAA's newest Geostationary Operational Environmental Satellites (GOES) and lays the groundwork for future imager programs. The fourth Advanced Baseline Imager (ABI) will be integrated into the GOES-U satellite, slated to launch in 2024, and will be operated by NOAA. The ABI is the world's most advanced imager, capable of capturing con

L3Harris Completes Delivery of Imagers for NOAA's Advanced Environmental Satellites

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) completed the final major design milestone on the U.S. Missile Defense Agency's (MDA) Hypersonic and Ballistic Tracking Space Sensor (HBTSS) program Phase IIb On-orbit Prototype Demonstration and has already begun building the demonstration satellite. Completing the CDR is the final design milestone ensuring performance, cost and schedule requirements can be met before beginning to build the satellite. However, L3Harris has been

L3Harris Completes Final US Missile Defense Agency Satellite Design Milestone

UBS analyst Myles Walton updated the ratings on General Dynamics Corp (NYSE: GD) and L3Harris Technologies Inc (NYSE: LHX) as part of a broader research note on U.S. Aerospace and Defense. The analyst upgraded General Dynamics to Buy from Neutral and raised the price target to $245 (an upside of 21%) from $220.

News for L3Harris Stock (LHX)